Thermal Structures, Inc. has been acquired by HEICO Corporation

The private shareholders of Thermal Structures, Inc. have sold the company to HEICO Corporation.

Thermal Structures is a manufacturer of insulation blankets, heat shields, fire shields and composite components for aerospace and defense applications, including airframe structures, nacelles and thrust reversers, environmental controls and accessories, auxiliary engines and avionics.

HEICO's products are found on large commercial aircraft, regional, business and military aircraft, as well as on a large variety of industrial turbines, targeting systems, missiles and electro-optical devices. HEICO Corporation operates in two segments, the flight support group and the electronic technologies group. The flight support group designs, engineers, manufactures, repairs, distributes and overhauls FAA-approved parts that extend over the entire aircraft, from the engines all the way to hydraulic, pneumatic, electromechanical, avionic, structures, wheels and brakes and even interiors. The electronic technologies group produces electrical and electro-optical systems and components serving niche segments of the aerospace, defense, communications, and computer industries.

Oaklins' aerospace & defense specialist team in California advised the seller in this transaction.